Today Tom is discussing Obamacare’s Employer Mandate that states employers must offer health insurance that is affordable and provides minimum value to their full-time employees and their children up to age 26 or be subject to penalties beginning January 1, 2015. Groups below 100 have nothing to worry about at this point. For those over 100, it boils down to basic math and getting your CPA and/or attorney involved in the process. These larger groups must decide if subsidies are more valuable than the penalty tax. The first 80 employees are exempt from the equation, and the penalty tax is $2,000 per person above 80 employees. Many employers will gladly pay the tax and provide a self funded arrangement because the subsidies out-way the taxes. There is speculation that this mandate could be tied up in the courts for at least another year.

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